Bulls need lift above daily cloud top for confirmation
The Euro keeps positive tone and pressures 1.1800 barrier in early Monday, following Monday’s 0.6% advance on fresh risk appetite, with President Trump’s return to White House, further lifting the mood.
Upbeat German Factory Orders data…
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Aussie dips after RBA hinted rate cut in November
The Australian dollar fell in late Asian session on Tuesday as the Reserve Bank of Australia left interest rate unchanged at record low, but hinted further easing to support the economy, devastated by coronavirus pandemic.
The central bank…
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Dollar index falls to two-week low as stimulus hopes and optimistic news on Trump’s health…
The dollar was deflated by fresh risk appetite on Monday, sparked by optimistic news over President Trump’s health condition and hopes on new stimulus deal.
The dollar Index which measures performance of the US dollar against the…
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Cable was inflated by risk sentiment, upbeat data and Brexit hopes but bulls may face strong…
Cable rose on Monday, lifted by fresh risk sentiment on news that President Trump would leave the hospital as early as Monday and rising hopes that EU and UK might agree a trade deal.
UK PM Boris Johnson and European Commission President…
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Optimistic news on Trump’s medical status boosts risk sentiment
Speculations over president Trump’s health condition, talks about a new US fiscal stimulus package, and the release of the US ISM Services PMI are all expected to be key market drivers on Monday.
The markets opened in risk-on mode…
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US employment growth slows further in September
US non-farm payrolls increased by 661k jobs in September, missing the forecast of 850k and falling well below August’s figure (revised upwards to 1.489 million), according to the US Labor Department on Friday.
In the last monthly…
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